![]() ![]() GSK views P2P transformation across three dimensions, Liebe said: boulders, rocks, and sand. ![]() GSK has managed to standardize a fair amount of processes, which Liebe said makes it easier to manage and meet expectations. These three business lines all feed into a global support infrastructure, which is where Liebe operates the shared services infrastructure for North America. This creates unique challenges, according to Liebe, because each of the three divisions has different needs and expectations in addition to different challenges. GlaxoSmithKline (“GSK”) is a global pharmaceutical company with 96,000 employees worldwide and $33 billion worth of revenue annually across three major business lines-pharmaceuticals, vaccines, and consumer health. The Problem of Multiple Business Lines: Boulders, Rocks, and Sand Greg Liebe, GlaxoSmithKline purchase to pay service line owner for North America, shared the pharmaceutical giant’s experiences with the Ariba Network at SAP Ariba Live 2016 in Las Vegas this past March, and offered a window into how business networks can help companies operate at any level. The modern business network now includes electronic invoicing, catalog management, purchase orders, and a variety of other functionalities that turn it into a central tool in the procurement and accounts payable/finance arsenal. Business networks also allow for process optimization and, often, the consolidation of multiple procure-to-pay (“P2P”) activities into a single platform. As a result of this inherent nature, and the drive among enterprises to increase collaboration across the supply chain, business networks have grown in popularity over the past several years. ![]() Business networks are web-based platforms that enable interconnected buyers and suppliers to trade, communicate, and collaborate with each other.
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